https://www.taxtmi.com/acts?id=4549 Residents taxed on income or capital that may be taxed in the other Contracting State are entitled to relief by way of credit: India grants a deduction from Indian tax for tax paid in Cyprus up to the portion attributable to such income or capital; Cyprus allows a credit for Indian tax subject to its domestic law limited to tax appropriate to Indian-source income. The Article treats incentive-reduced tax as included for credit purposes and prescribes deemed rates for dividends, interest, royalties and technical fees. Exempt income may be taken into account for progression. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 10 Mar 2009 13:14:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4549 Residents taxed on income or capital that may be taxed in the other Contracting State are entitled to relief by way of credit: India grants a deduction from Indian tax for tax paid in Cyprus up to the portion attributable to such income or capital; Cyprus allows a credit for Indian tax subject to its domestic law limited to tax appropriate to Indian-source income. The Article treats incentive-reduced tax as included for credit purposes and prescribes deemed rates for dividends, interest, royalties and technical fees. Exempt income may be taken into account for progression. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4549